Latest news: Bloomberg reports that Chinese officials have begun instructing institutions and some brokers, as well as official media, to stop promoting stablecoins.
Boss, really, stop it, my account just turned green 😄$BTC
Trump will sign an executive order on Thursday allowing 401 (K) retirement accounts to invest in alternative assets such as private equity, real estate, and cryptocurrency. The Labor Department will reassess relevant guidelines, and multi-department collaboration will promote rule adjustments.
If 1% of the funds are allocated to purchase Bitcoin, it will bring about $90 billion in buying liquidity$ETH #加密货币挖矿 #ETH巨鲸增持
Trump's TMTG latest financial report reveals major moves: In Q2, despite recording an operating loss of 20 million dollars, it quietly accumulated 1.98 billion dollars in Bitcoin, becoming the world's sixth largest BTC holder.
The SEC 10-Q document shows that as of June 30, the company's liquid assets reached 3.1 billion dollars, with cryptocurrency assets accounting for over 60 percent. On one side, there are short-term losses, and on the other, a heavy bet on Bitcoin. First, it tracked Pelosi's stock trades, and now is it following Trump's cryptocurrency moves? #下一任美联储主席人选 #美国加征关税 $BTC $BTC
Cao Cao Travel collaborates with Victory Securities to engage in RWA tokenization, stablecoin payments, and compliant digital currencies. It seems that Hong Kong stocks might follow the trend of American stocks in the crypto play. #香港稳定币新规 #加密股IPO季
Some whales are still adding to their $ETH holdings.
New wallet "0x86F9" Received 24,294 $ETH from @FalconXGlobal in the past six hours.
In the past two hours, another whale address, "0x40E9," received 15,627 $ETH from the Galaxy Digital OTC wallet. $ETH
I've been hoarding a bit of ETH recently after the market crash. Long-term bullish, but I'm looking to sell off any bubbles in the short term. #以太坊ETF连续12周净流入 $ETH
Trump accuses on Truth Social: Biden-appointed Bureau of Labor Statistics Director Erika McEntarfer manipulated employment data.
It is alleged: Employment growth in March 2024 was exaggerated by 818,000 Exaggeration of 112,000 for August and September combined Data for the previous two months was also 'quietly revised down' by 258,000
Once the news broke, panic spread quickly in the market, with all assets declining simultaneously.
However, the issue of U.S. official data is not new. Major U.S. stock companies' earnings reports remain solid, and the fundamentals have not yet spiraled out of control.
It feels more like a 'rehearsal recession' now, releasing bubble risks ahead of interest rate cuts within the year #加密市场回调 #美国初请失业金人数 #白宫数字资产报告
Japan's interest rate hike triggers a plunge in global financial markets | The U.S. debt crisis further intensifies | Is BTC still a safe-haven asset?
The entire financial market has been very turbulent recently, and the source of all this turbulence is essentially the inflationary US debt crisis. At this moment, it is the series of chain events triggered by the yen interest rate hike that officially detonated this powder keg. Let's take a look at how Japan has gradually become a global liquidity provider and triggered this Bitcoin crash. Is BTC still a safe-haven asset? 01 Japan's financial market under the negative interest rate environment for 17 years Japan has maintained a negative or zero interest rate policy for the past 17 years. According to data released by the Ministry of Finance of Japan on August 9, as of the end of June this year, the total debt of the Japanese government, including government bonds, loans and short-term securities, reached 1311 trillion yen, exceeding 1300 trillion for the first time. If the Japanese government chooses to increase the interest rate by 1%, it will have to pay an additional 13 trillion yen in interest. The fiscal revenue of the entire country of Japan for the whole year is only about 70 trillion yen. Therefore, the Japanese government is forced to maintain low interest rates.
Glassnode said in its weekly on-chain report that large entities are currently holding about 4.9 million Bitcoins, equivalent to 25% of the circulating supply. Of these entities, CEXs and ETF custodians account for the largest proportion. After the German government address sold all of its Bitcoin holdings, there seems to be a short-term relief for sellers and a renewed inflow of demand to support the market. Market profitability remains very strong, and most Bitcoin supply remains on a favorable cost basis below the current spot price. $BTC $ETH
Trump's vice presidential candidate James David Vance owns $250,000 worth of BTC. His stance on the crypto industry: 1. Thinks Gary Gensler is the worst person to regulate the crypto industry 2. One of the 60 senators who voted to repeal the controversial "SAB 121" accounting rule 3. Defended the mining company Debt Box 4. Said "cryptocurrency can solve the problem of government abuse of power" #美国大选如何影响加密产业? #以太坊ETF批准预期 #山寨季何时到来? $BTC $ETH $SOL
LI FI officials said that 4 new security vulnerabilities have been discovered and urged all users to revoke website authorization immediately. All user funds that interact with the LI FI protocol are now at risk. The current loss has expanded to $10 million. It is best to check it if you have used web3 wallets to operate cross-chain before.
BlackRock has over $10.6 trillion in assets under management (AUM), up 13% from the previous year, and cites ETFs as a driver of its success. Its spot BTC ETF (IBIT) holds over 300,000 BTC, worth nearly $20 billion. CEO Larry Fink admitted on CNBC that he was wrong about Bitcoin after calling it “worthless” in October 2021. #以太坊ETF批准预期 #美国6月非农数据高于预期
How is USDT | USDC created? How do stablecoin companies make money?
Hello, everyone. I am Miu. Today we will introduce the basic knowledge that you must know in the field of crypto investment. What is a stable currency? No one should scold me for using the big A as a title party and stepping stone. First of all, we all know that for ordinary people, there are no good investment opportunities in China. Whether it is the A-share market, bonds, or real estate, it is basically difficult to make a profit.
However, through stablecoins, we can easily earn risk-free returns of at least 10% annualized rate in this industry. By discovering some opportunities, we can seize the short-term 40-50% or even 100% annualized rate.
Bitcoin has been going up and down, but the MEME I bought is still making a profit!
Please indicate the source when reprinting "Miuuuuu"
This year, the popularity of meme and the decline of vc coin have slowly turned into an ideological battle in the crypto community, and neither side can convince the other. This morning I saw an article titled "Eastern Community Cannot Always Be Meme, Eastern Community Needs a Wildfire." VCs believe they are creating the social foundation for the next 10-20 years, while retail investors think it is better to shout "fuck infra, come and watch all kinds of memes with me, and then to the moon!" VCs look at the unsalable concepts in their hands, which are packaged into tokens that are enough to repel 90% of the world's humans, and they are also full of incomprehension.
Panic and hope in the Bitcoin market: reasons for the recent decline and analysis of future trends | Miuuuuu331
Welcome to follow me: x: miuuuuu331 v: Miuuu_31 $BTC $ETH $SOL As BTC fell all the way to $54,000 this week, it has risen back to around $57,000 today as I write this article. Cryptocurrency investor sentiment has fallen to its most fearful level since the end of the crypto winter in 2022. Just three months ago, the entire market was in a state of extreme greed. But apart from the biggest positive impact of interest rate cuts, it is hard for me to imagine the possibility of BTC breaking new highs again in the short term, which means that there is still a long cycle for the price to reach $100,000.